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Deepak Nitrite - Quaterly Results

02 Aug 2022 Evaluate
The Sales for the quarter ended June 2022 of Rs. 7299.80 millions rose by 38.45% from Rs. 5272.50 millions.The Company's Net profit for the June 2022 quarter have declined marginally to Rs. 971.30  millions as against Rs. 1349.20 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 1487.10 millions from 1856.20 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 7299.80 5272.50 38.45 7299.80 5272.50 38.45 25110.50 18091.40 38.80
Other Income 94.90 434.70 -78.17 94.90 434.70 -78.17 708.00 135.40 422.90
PBIDT 1487.10 1856.20 -19.88 1487.10 1856.20 -19.88 7161.50 5496.10 30.30
Interest 3.20 3.20 0.00 3.20 3.20 0.00 16.00 41.20 -61.17
PBDT 1483.90 1853.00 -19.92 1483.90 1853.00 -19.92 7145.50 5454.90 30.99
Depreciation 178.50 175.10 1.94 178.50 175.10 1.94 725.40 668.80 8.46
PBT 1305.40 1677.90 -22.20 1305.40 1677.90 -22.20 6420.10 4786.10 34.14
TAX 334.10 328.70 1.64 334.10 328.70 1.64 1558.00 1238.90 25.76
Deferred Tax -3.10 -8.20 -62.20 -3.10 -8.20 -62.20 32.80 6.70 389.55
PAT 971.30 1349.20 -28.01 971.30 1349.20 -28.01 4862.10 3547.20 37.07
Equity 272.80 272.80 0.00 272.80 272.80 0.00 272.80 272.80 0.00
PBIDTM(%) 20.37 35.21 -42.13 20.37 35.21 -42.13 28.52 30.38 -6.12
Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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